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US financial regulation
Accounting firms hit with record US fines over audit failures
...The $500,000 fine on KPMG in Japan was for failures in its system for checking audit quality, the PCAOB said....
November 15, 2023
FT CollectionsTech Exchange
Aidan Gomez: AI threat to human existence is ‘absurd’ distraction from real risks
...You have this huge machine that you’re building. It consists of tons of different parts and sensors....
June 16, 2023
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
The crisis in European equities
Flight risk? London listings are the most vulnerable to New York’s allure
...BAE Systems Listing: LONDON Trading at a discount to US peers and with significant American activities, analysts have in the past suggested that Europe’s biggest defence company should spin off its US...
May 26, 2023
News in-depthDeepmind Technologies Ltd
Google’s DeepMind-Brain merger: tech giant regroups for AI battle
...Pichai said the most “critical and strategic” AI project would involve building a series of “powerful, multimodal AI models”....
April 28, 2023
Artificial intelligence
European AI start-ups race to improve chatbots’ language skills
...The group is trying to reverse the “poor and insufficient quality of Hebrew and Arabic speech recognition in various types of computerised systems”, said Dror Bin, its chief executive....
April 5, 2023
Google LLC
Google invests $300mn in AI start-up Anthropic
...The Microsoft deal set OpenAI on a path to building a series of breakthrough AI systems, culminating in the launch late last year of ChatGPT, a chatbot that can converse with users through text....
February 3, 2023
FT Live
Future of AI
Igniting a new era of innovation and investment
Wednesday, 6 NovemberLondon. UK
Google LLC
Google releases ‘Gemini’ in new effort to cash in on generative AI
...The EU has agreed an AI Act, which will impose new burdens on tech companies building AI models....
February 8, 2024
Google LLC
Google engineer charged with AI secrets theft while working for Chinese groups
...The indictment stated that he took steps to evade detection by Google’s data loss prevention systems, and also permitted another Google employee to use his work access badge to scan into a Google building...
March 6, 2024
Driverless vehicles
China challenges the west for driverless car supremacy
...Confidence building Apart from Wuhan, Baidu and a clutch of domestic rivals, including Pony.ai and AutoX, have established a series of testing zones in cities across China....
January 31, 2024
The Big Read
How Google lost ground in the AI race
...In response, the Google CEO said he was consciously trying to “create capacity in the system where people can do new things”....
April 5, 2024
#techAsia
Telecom chips move in-house and the US takes aim at TikTok Premium content
...Ericsson’s Finnish rival Nokia has taken a similar approach, launching its ReefShark line of system-on-chip (SoC) products in 2018....
March 14, 2024
Rana Foroohar
The crippling home insurance crisis hitting America
...But I suspect that coastal states, backed up by reinsurers, will also have to lower the risks to homes by building flood walls and better drainage systems in vulnerable areas....
April 29, 2024
Technology regulation
Tech alliance in AI standards push to fill ‘gap’ in regulation
...Meserole asserted that the forum would seek to “supplement or complement” any official regulation but, “in the interim, while there’s a gap, we need to move forward with building these systems safely”....
October 25, 2023
News in-depthUS economy
Wave of corporate exits sends chill through Chicago
...The city’s offices were almost 100 per cent occupied in the weeks before lockdowns hit in 2020, according to security firm Kastle Systems....
August 1, 2022
On Wall StreetSujeet Indap
Junior analyst’s lawsuit against top bank puts Wall Street hours on trial
...This continuing tension collided at Centerview in the summer three years ago and is now for the justice system to reconcile....
November 18, 2023
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
Artificial intelligence
Top Google AI experts pick Japan to set up on their own
...Natural systems adapt and become part of their environment,” they said....
August 17, 2023
Capital markets
Marc Rowan’s ‘great times’ private credit speech
...If I reflect on the past decade, we’ve invested some $8 billion, building 16 originating platforms....
August 7, 2023
Space industry27 min
Moon rush: the launch of a lunar economy | FT Film
...Building the foundations of a lunar economy for returning to the Moon are really rooted in what Nasa has always done....
October 19, 2023
Sovereign bonds
The world’s oldest living bond
...Further reading: — How bonds ate the financial system....
August 9, 2023
LexEnergy sector
Fusion: start-up shares are easier to create than limitless energy Premium content
...First Light Fusion, for example, is building a facility costing about £150mn. It only needs to perfect its energy delivery system — based on a cheaper stamp-sized projectile — to achieve ignition....
August 7, 2023
UnhedgedRobert Armstrong
Techs good, transports bad Premium content
...This San Francisco office building is getting marked down 80 per cent....
April 28, 2023
Deloitte Touche Tohmatsu LLC
Deloitte told to ‘learn lesson’ as China vows tougher scrutiny of auditors
...Decades spent building market-leading positions in the world’s second-biggest economy have been undermined by a wave of delayed financial results and defaults by the companies they audit....
March 27, 2023
Due Diligence
Ken Griffin’s $16bn profit-palooza Premium content
...Elliott is learning the challenges of competing against Microsoft for itself after buying rival Citrix Systems for $16.5bn last year....
January 24, 2023
News in-depthApple Inc
Apple beefs up smartphone services in ‘silent war’ against Google
...Since it launched a privacy policy in April 2021 that deprived companies such as Facebook and Snap from easily building user profiles and tracking their actions from app to app, shares in those companies...
January 25, 2023
Inside BusinessRichard Waters
Why the new internet search wars will be different
...But Microsoft’s advantage in applying the latest large language systems has at least given it a chance to establish a benchmark in terms of quality and cost....
February 9, 2023

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